v3

I just noticed the $BANK coin earlier, but after the proposal, I stopped keeping an eye on it. Just now, a friend mentioned it, so I checked it out, and it looks like BANK has been showing some unusual volume these past few days.

On May 12th, the proposal stated that #V2 will upgrade to #V3 , with the founding team's tokens fully unlocked ahead of schedule. This will increase the circulating supply by 450 million tokens, which will be distributed early to Rewards, Investors, Ecosystem & Development, Team, Treasury, Advisors, and other teams.

On-chain data shows that 550 million tokens were minted yesterday (total value of $14.7 million), and the day before, over $7 million worth of tokens were withdrawn in batches from #币安 and #Bitget to dozens of new wallets (#目前还没下一步操作 ).

As for the $BANK project, its FDV is only around $60 million, with an MC of over $30 million. This new minting and exchange withdrawals total approximately $22 million, accounting for about 80% of the circulating supply.

Low market cap coins can have explosive potential, so we need to keep a close watch during this period.